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2017-01-doc3 New Insolvency Regulation applies ‘after’ or ‘from’ 26 June 2017?

Replacement, as yesterday’s 2017-01-doc2 encountered troubles opening it. This is the message: On 26 June 2017 Regulation (EU) 2015/848 of the European Parliament and the Council of 20 May 2015 on insolvency proceedings (recast) (EIR Recast or EIR 2015), [2015] OJ L 141/19, will apply. The well known Council Regulation… Read More »2017-01-doc3 New Insolvency Regulation applies ‘after’ or ‘from’ 26 June 2017?

2017-01-doc1 Per 1.3.17 nieuwe Algemene Bankvoorwaarden

In Nederland worden door banken al sinds 1965 Algemene bankvoorwaarden gebruikt, maar pas vanaf 1988 zijn deze het resultaat van tweezijdig overleg tussen (de rechtsvoorganger van) de Nederlandse Vereniging van Banken (NVB) en de Consumentenbond. Zij gelden als tweezijdige voorwaarden, dus opgesteld met een goedkeurend stempel van de Consumentenbond. Evaluaties… Read More »2017-01-doc1 Per 1.3.17 nieuwe Algemene Bankvoorwaarden

2016-12-doc2 EU Banking and Insurance Insolvency OUP, 2nd ed.

Looking forward to the publication of the 2nd edition of EU Banking and Insurance Insolvency, published by Oxford University press again, edited by Gabriel Moss QC, Bob Wessels, and Matthias Haentjens. This is what it covers: Table of Contents Part I. General Introduction 1: The EU Financial Institution Insolvency Law… Read More »2016-12-doc2 EU Banking and Insurance Insolvency OUP, 2nd ed.

2016-11-doc14 District court Rotterdam opens secondary proceedings re Hanjin Europe

Hanjin’s rehabilitation and bankruptcy sweeps the world. Last Friday, 25 November 2016, the Rotterdam District Court (ECLI:NL:RBROT:2016:9090) had to decide on a request to open secondary insolvency proceedings regarding Hanjin Shipping Europe GmbH & Co. KG (‘Hanjin Europe’). So the Netherlands has become the latest in a growing list of… Read More »2016-11-doc14 District court Rotterdam opens secondary proceedings re Hanjin Europe

2016-11-doc13 Crisis management in the banking sector: act 2

This week was a productive one for insolvency lovers. In Strassbourg/Brussels, the European Commission launched new proposals. One for restructuring distressed but in principle viable businesses, see blog/2016-11-11-restructuring-directive-published. The other one is a rather voluminous proposal for a reform package intended to further strengthen the resilience of credit institutions in… Read More »2016-11-doc13 Crisis management in the banking sector: act 2

2016-11-11 Restructuring Directive published

European Commissioner Věra Jourová, in charge of Justice, Consumers and Gender Equality, presented a Proposal for a Directive on preventive restructuring frameworks, second chance and measures to increase the efficiency of restructuring, insolvency and discharge procedures and amending Directive 2012/30/EU (COM)(2016) 723 final (‘Restructuring Directive). It contains an Explanatory Memorandum… Read More »2016-11-11 Restructuring Directive published

2016-11-doc2 Serie Wessels Insolventierecht 4e druk compleet?

“Chapeau! Hiermee is de 4e druk van dit unieke handboek nu compleet!” Dit schreef Paul van Appeven in zijn maandelijkse nieuwsbrief met boekaankondigingen. Deze uitvoerige en overzichtelijke nieuwsbrief wordt aan klanten  rondgestuurd en verschijnt enkele dagen daarna op www.jurilogie.nl. Jurilogie (het geschreven woord over het recht) schreef de aangehaalde zin… Read More »2016-11-doc2 Serie Wessels Insolventierecht 4e druk compleet?

2016-10-doc12 Should the EU Adopt UNCITRAL Model Law on Cross-border Insolvency?

During the period of discussing and revising what finally resulted in the European Insolvency Regulation (recast), which will be effective law as of June 2017, I had a conversation about the topic whether the European Union itself should adopt the UNCITRAL Model Law on Cross-border Insolvency. INSOL Europe had suggested… Read More »2016-10-doc12 Should the EU Adopt UNCITRAL Model Law on Cross-border Insolvency?